Do Not Shrink From The Deposit Insurance System.

Recently, the deposit insurance Ordinance was officially promulgated and has been implemented since May 1, 2015.

But the deposit insurance system's landing is indeed the embodiment of social progress.

Obviously, for most depositors, the deposit insurance system is not so terrible. Don't be frightened by the deposit insurance system.

Obviously, it is not advisable to exaggerate the risk of deposit insurance system blindly.

In accordance with its corresponding provisions, deposit insurance is subject to limit payment, the maximum repayment limit is RMB 500 thousand yuan, and the maximum payment limit can be adjusted according to factors such as economic development, deposit structure change, and financial risk situation.

According to statistics, bank savings is still one of the main ways of financing widely accepted by the general public.

However, although the number of participants is huge, the number of people who deposit more than 500 thousand yuan is actually small.

In this regard, from the maximum ceiling of compensation, depositors' coverage is as high as 99.7%.

In other words, most depositors' deposits are secure.

As for "bank failure, the money is gone" is indeed exaggerated.

However, the landing of the deposit insurance system has brought about many impacts.

First of all, although the introduction of deposit insurance system will not affect most of the ordinary people, it will impact most enterprises, especially small and medium-sized enterprises.

In fact, whether large enterprises or small and medium-sized enterprises, they will put some of their funds into bank financing products and other important channels.

All along, this series of financial management has also brought certain investment returns to enterprises.

However, after the deposit insurance system has landed, most enterprises have to change their way of managing money in order to avoid unnecessary risks.

It is worth mentioning that many

The amount of money put into bank financial products is quite large, and even more than 100 billion yuan.

In this regard, because the maximum limit of bank compensation is only 500 thousand yuan, the risk of failure of the bank in which it is located means that the company will face huge losses.

As a result, it also directly forced the result of large deposits of enterprises.

However, from another point of view, the big move of corporate deposits is more or less stimulating.

The real estate market and even new investment channels.

Among them, the stock market is one of the important direct financing channels.

The continued boom has also brought a certain return on investment to many funds.

Perhaps the recent strength of the stock market is also related to it.

Moreover, the landing of deposit insurance system has substantially lowered the level of social risk-free interest rate in the medium and long term.

Obviously, the introduction of the deposit insurance system will, on the one hand, fulfill the responsibility of the bank's highest compensation of 500 thousand yuan. On the other hand, it indicates that the responsibility of the country's bottom up will be further reduced, so as to release the heavy burden borne by the state.

In the medium and long term, the deposit insurance system's landing actually lowered the level of social risk-free interest rate and indirectly alleviated the financing pressure of SMEs.

In addition, the deposit insurance system is conducive to breaking the monopoly of traditional banks and enhancing the survival of the fittest.

Traditionally, the traditional banking industry has enough monopoly privileges, and by virtue of this advantage, it often brings huge profits to traditional banks.

However, with the entry of private capital, the competition pressure of banking industry is becoming more and more obvious.

The landing of deposit insurance system actually enhances the market's survival of the fittest and creates favorable conditions for the further marketization of interest rates.

It can be expected that the monopoly advantage of traditional banks will be gradually reduced, and the sense of service oriented development will become the main direction of banking competition in the future, and at the same time, it will accelerate the pformation and development of banking industry.

To some extent, the deposit insurance system actually promotes financial reform and accelerates the pformation of China's economy.

However, after the deposit insurance system has been landed, it will cause some enterprises to pfer their deposits and pfer them to investment channels with higher risk premium.

As a result, there will be two kinds of results, one is that part of the assets of enterprises will be further increased and directly bring higher return on investment to enterprises.

But the other is that enterprises need to bear more investment risks.

In other words, once the risk channel of the investment channel they invest, the losses suffered by the enterprise can not be ignored.

A step back, even if the enterprise still maintain the original way of financing, but because of the bank's responsibility to reduce the bottom, and once the risk of failure of the bank, the enterprise will only have the highest compensation of 500 thousand yuan.

As a result, it is a heavy blow for most enterprises, especially small and medium-sized enterprises.